Gordon And Mike's Ict Podcast

Intro: On March 18, FCC Auction 73 bidding round 261 ended and, after 38 days and $19.592 billion in bids (almost double the $10 billion the FCC had hoped for), the FCC closed out the auction. In this podcast we review and discuss the auction results.Mike: Gordon, can you give us an overview of the auction results?Sure Mike - this comes from the FCC auction website linked up in the shownotes. Rounds: 261 (started on 1/24 and ended on 3/18) Bidding Days: 38 Qualified Bidders: 214 Winning Bidders: 101 Bidders won 1090 Licenses *Auction 73 concluded with 1090 provisionally winning bids covering 1091 licenses and totaling $19,592,420,000, as shown in the Integrated Spectrum Auction System. The provisionally winning bids for the A, B, C, and E Block licenses exceeded the aggregate reserve prices for those blocks. The provisionally winning bid for the D Block license, however, did not meet the applicable reserve price and thus did not become a winning bid. Accordingly, Auction 73 r